Detroit-area businessman Sandy Pensler will not be on the ballot in November for for Michigan's U.S. Senate seat.
The Republican, whose buyout firm owns manufacturing plants, had said he had hands-on, "real world" experience in private business that is "desperately needed" in the Senate.
Pensler, of Grosse Pointe, was the fourth Republican to join the race.
He lost to Iraq War veteran John James.
He delivered this statement after the primaries:
"Thank you all for your support and friendship. I have been honored by every voter who decided to support my candidacy. I have been truly blessed; --- a kid who grew up in Detroit and was able to live the American Dream of starting my own company and pursuing this great office. WOW what a country…. what a state. I want to congratulate John James and the President for their victories tonight. I did and do support the policies of the President. Not because they are the President's but because they are good for Michigan and the nation. I could not have even imagined running against the President’s endorsement, but life and politics are not always predictable. It has been a rough primary, but John James and I always said we would be friends after the primary and I believe that now as I did then. I support John and hope he will get to enact the President’s policies in the Senate.
Thank all of you for your help, I will always be grateful."
Pensler owns a buyout firm and Korex Companies, which manufactures dishwasher detergent and other products.